Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[OutOfMemory]

offline for a while
been surprised by bitcoins rise
expected it, though

no time for debate
got me a 3D printer
a new addiction

#haiku

[kellrobinson]

Flip the chart, with dollars on the horizontal axis (log scale) and time on the vertical axis.  You get a parabola.


can also be expressed as
days = 113.347*(log(usd)+1.699)^2

[jojo69]

[Torque]

Continued messages from the fringe that the money printing won't stop in 2021 (to the contrary).

Translation: buy everything ahead of an unprecedented dollar devaluation orgy.

2021 is gonna be a beautiful Bitcoin year.

Edit: some more words on the Guggenheim story.

Yep.

[kellrobinson]

First step in understanding a massively volatile commodity is to find a smooth, monotonic trend, if possible.
In fact, the massive booms and bear markets are responses to the halving step function, superposed on the steady state (for lack of a better term) expressed in the quadratic.  I have it worked out, it just takes time to create the charts.  Stay tuned.

[explorer]

Continued messages from the fringe that the money printing won't stop in 2021 (to the contrary).

Translation: buy everything ahead of an unprecedented dollar devaluation orgy.

2021 is gonna be a beautiful Bitcoin year.

Edit: some more words on the Guggenheim story.

Yep.

   Haven't heard the fat lady sing, yet.  32 fine printing days remain.

[Toxic2040]

First step in understanding a massively volatile commodity is to find a smooth, monotonic trend, if possible.
In fact, the massive booms and bear markets are responses to the halving step function, superposed on the steady state (for lack of a better term) expressed in the quadratic.  I have it worked out, it just takes time to create the charts.  Stay tuned.

+1 WOsMerit


interesting...but boring as fuck imo    maybe juice up your narrative a bit...again..imo    ymmv


-------
some evening charts

Bulls have managed to hammer out a respectable long legged doji'ish candle with the close of this weeks session. The move puts team green back on the offensive with trading currently around $18.4kish.

#dyor

1h


4h


D


W

#stronghands

[kellrobinson]

All that TA with the lines and shit is just BS.

[Biodom]

Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or IRC 6050I, Returns relating to cash received in trade or business, etc. (Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business)

https://www.irs.gov/irm/part4/irm_04-026-013

It's also related to smurfing: explanation

in crypto universe, some innocuous action could look suspicious. For example, if your withdrawal limit is $7000 (just some random number below $10K), but you want to withdraw 35K, you would have to break that 35K in several pieces, which looks like structuring or smurfing, but in fact it is just an innocent person trying to withdraw a chunk that is much bigger than his limit.

Therefore, I always say: increase your limits. Do it now and not in the middle of the blowoff top-it might be too late then.
The only question is-what is realistically achievable? Perhaps,making your daily limit equal to your yearly income is something to ask for.
Of course, if you keep the bunch on the exchange, they will (or, rather, should, if you ask) give you a daily limit at least equal to that.

[vapourminer]

Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or IRC 6050I, Returns relating to cash received in trade or business, etc. (Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business)

https://www.irs.gov/irm/part4/irm_04-026-013

It's also related to smurfing: explanation

in crypto universe, some innocuous action could look suspicious. For example, if your withdrawal limit is $7000 (just some random number below $10K), but you want to withdraw 35K, you would have to break that 35K in several pieces, which looks like structuring or smurfing, but in fact it is just an innocent person trying to withdraw a chunk that is much bigger than his limit.

yeah thats why i try to do minimum 10k withdrawals, if im gonna raise a flag it might as well be nice and bright. so i do try to plan ahead. of course i do take smaller bits off the top here and there for toys or whatever but i figure as long as i do 10k+ enough to show im not trying to hide i dont worry about it.

coinbase raised my daily limit several times without me asking, im not sure its related to the amounts ive cashed out, the balance that i keep there or something they just do every couple years.

obligatory not your keys etc

[philipma1957]

Updating this post.

Note I study this other thread a lot

https://bitcointalk.org/index.php?topic=138109.0

yefi keeps it up to date
https://bitcointalk.org/index.php?action=profile;u=87229


All info below is pulled from thread above  and put into a USD format.

So we still have

Two good streaks alive:

Nov 2020 the only month ever with all days above 13,500

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05  14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,652
2020-11-12  15,939  
2020-11-13  16,279
2020-11-14  15,982
2020-11-15  15,972
2020-11-16  16,409
2020-11-17  17,260
2020-11-18  17,874
2020-11-19  17,792
2020-11-20  18,370
2020-11-21  18,710
2020-11-22  18,291
2020-11-23  18,443
2020-11-24  18,940
2020-11-25  19,053 _______ Peak!
2020-11-26  17,151
2020-11-27  16,941
2020-11-28.  17,411
2020-11-29   18,038
2020-11-30


Nov 6 to Nov 23 longest streak above 15,000

2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,652
2020-11-12  15,939  
2020-11-13  16,279
2020-11-14  15,982
2020-11-15  15,972
2020-11-16  16,409
2020-11-17  17,260
2020-11-18  17,874
2020-11-19  17,792
2020-11-20  18,370
2020-11-21  18,710
2020-11-22  18,291
2020-11-23  18,443
2020-11-24  18,940
2020-11-25  19,053 _____ Peak!
2020-11-26  17,151
2020-11-27  16,941
2020-11-28  17,411
2020-11-29  18,411
2020-11-30

This is to keep the fearful ones in control of their fears.

Streak on!!

Still going strong If and only if we close out well on the 30th of Nov

we have a month of purity spent over 13,500

I wonder what we do tomorrow and the 31 days in December.

Key days

Nov 30 ------- first month entirely over 13,500
Dec 31 -------- don't know but if we do better in December than we did in Nov it would be very nice.


Jan 20 --------- Joe Biden takes over? By the way he needed to go to emergency care today (no joke) hmmm this could be very interesting.

[Syke]

Jan 20 --------- Joe Biden takes over? By the way he needed to go to emergency care today (no joke) hmmm this could be very interesting.

Fake News. That's the Trump Deep State trying to sabotage the incoming President-elect.

[KonstantinosM]

I wonder what we do tomorrow and the 31 days in December.

Key days

Nov 30 ------- first month entirely over 13,500
Dec 31 -------- don't know but if we do better in December than we did in Nov it would be very nice.


Jan 20 --------- Joe Biden takes over? By the way he needed to go to emergency care today (no joke) hmmm this could be very interesting.

We do the same thing we've always done. Excitedly hodl our coins and build our stacks to the best of our ability.

[lightfoot]

Jan 20 --------- Joe Biden takes over? By the way he needed to go to emergency care today (no joke) hmmm this could be very interesting.

Fake News. That's the Trump Deep State trying to sabotage the incoming President-elect.

Sprained his foot walking his dog. And treating his dog, like a DOG!

[philipma1957]

Jan 20 --------- Joe Biden takes over? By the way he needed to go to emergency care today (no joke) hmmm this could be very interesting.

Fake News. That's the Trump Deep State trying to sabotage the incoming President-elect.

So abc news ,nbc news ,and yahoo all lied about biden hurting himself while playing with his pet dog?

Thats sad if the lies are that much.

[JayJuanGee]

although i think JJG mentioned he thought he and i were the same person, or something along those lines. so theres that

I feel as if I am looking in a mirror.  

Edit:  Seeming difficult to suggest down before up, in these times.... You never know, though, but I just observed $18,638 within the past 5 minutes.

There may be some WO peeps pumping the BTC price towards ATH because they want their poll vote to be correct for November.. but we ONLy have 18 hours before the November (monthly) candle closes.  Need another $1,028 (about 5%-ish  - the orderbook wall on bitstamp is showing only 518 BTC for sale at the time of this post)... Surely, possible, but will it happen?

[bitebits]

https://twitter.com/LinaSeiche/status/1333121602343432193

[bitebits]

Bitcoin's blockchain size is now over double the size of its "big block" fork.
https://blockchair.com/bitcoin/charts/blockchain-size?compare=bitcoin-cash

https://twitter.com/lopp/status/1333130122182930436

[bitebits]

The only relevant time frame:


https://twitter.com/ChartsBtc/status/1333254572295417856

[Phil_S]

Jan 20 --------- Joe Biden takes over? By the way he needed to go to emergency care today (no joke) hmmm this could be very interesting.

Fake News. That's the Trump Deep State trying to sabotage the incoming President-elect.

So abc news ,nbc news ,and yahoo all lied about biden hurting himself while playing with his pet dog?

Thats sad if the lies are that much.

Dog's silence on this issue is very suspicious.